A plan to buy 100 Airbus aircraft will be submitted to the board of Asia’s largest budget carrier, AirAsia , in about two weeks, the airline’s CEO, Tony Fernandes, said on Friday, in a deal that could be worth $9 billion. He also said he had no immediate plans to enter the Indian market because he thought the aviation fuel tax and airport charges were still too high.
Reuters reported earlier this month that AirAsia was putting the final touches on the deal, ending a flirtation with Canada’s Bombardier. Fernandes said the order will involve a mix of aircraft and not just Airbus A320s.
“I’ll be submitting it to the board in two weeks,” Fernandes told Singapore’s Foreign Correspondents Association.AirAsia, with an operating fleet of more than 100 aircraft, has ordered a total of 375 Airbus jets as part of dramatic expansion plans that now include the acquisition of Indonesia’s Batavia Air. It has said it will accelerate deliveries as rising demand helps it offset high fuel costs.
22/09/12 First Post.com
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Reuters reported earlier this month that AirAsia was putting the final touches on the deal, ending a flirtation with Canada’s Bombardier. Fernandes said the order will involve a mix of aircraft and not just Airbus A320s.
“I’ll be submitting it to the board in two weeks,” Fernandes told Singapore’s Foreign Correspondents Association.AirAsia, with an operating fleet of more than 100 aircraft, has ordered a total of 375 Airbus jets as part of dramatic expansion plans that now include the acquisition of Indonesia’s Batavia Air. It has said it will accelerate deliveries as rising demand helps it offset high fuel costs.
22/09/12 First Post.com
